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Antonio Margarito announces retirement

Mexican Antonio Margarito has announced his retirement at the age of 34.

Margarito made his name in the welterweight division, holding the WBO version for several years and later winning the IBF and WBA straps.

Despite his impressive record (38 wins, eight losses) he will be most remembered for bringing the sport into disrepute after he was found to have plaster in his hand wraps before fighting Shane Mosley in 2009.

He was then suspended for 16 months but returned to fight Manny Pacquiao for the WBC light-middleweight title. He lost but performed well.